Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
The industrial building has been built with strong specifications, integrating well-considered traffic also supplies management, enough carpark facilities, high floor-to-ceiling space, and level loading considerations.
Sceneca Residences MCC Land (Singapore) Pte Ltd
The strata units up for sale variation from 947 sq ft for the smallest solo unit, to 20,046 sq ft for a whole floor. According to Cushman & Wakefield, there is an early bird discount rate, with rates varying from less than $1 million for the smallest unit to about $20 million for the entire ground.
Citilink Warehouse Complex is an eight-storey twin-building industrial property that is zoned Business 1 within the master plan. The 57 strata units are mostly on the mid- to high grounds, involving the top 4 levels in one of the blocks. This offers a purchaser with the adaptability to acquire individual or multiple units, or overall levels.
“Freehold strata industrial units at great locations are very well sought after,” says Poh, adding that the proximity to the Pasir Panjang Terminal and also various freeways include in the charm of the venture. Cushman & Wakefield also agented the sale of five ground-floor units at Citilink for $9.83 million to a single client.
Fifty-seven property industrial units at Citilink Warehouse Complex in Pasir Panjang will certainly be sold by private arrangement on Aug 14, according to Cushman & Wakefield that is marketing the property.
The development is even precisely opposite the PSA Pasir Panjang Terminals as well as 500m from Pasir Panjang MRT Station on the Circle Line. It is attached to major expressways such as Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, and the Marina Coastal Expressway.
“Before this strata deal release, we have actually gotten queries from capitalists and end-users showing curiosity to acquire perhaps personal or numerous units,” states Shaun Poh, executive supervisor of financing markets at Cushman & Wakefield.
